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Technology Stocks : Wolf speed
WOLF 18.40+0.1%Dec 23 3:59 PM EST
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To: Exacctnt who wrote (5361)5/11/2001 10:12:49 AM
From: Ron  Read Replies (1) of 10714
 
Using the trendline method..next logical resistance would be the high 30's, but I am not a big fan of trending alone. We need more upward price action on HIGHER volume. Which would show the big funds are buying again. There are more than 6 million shares being held short, which is down somewhat. I'd like to see more volume spike days too..maybe above 4 million-5 million shares with buyers ruling. Those are the kinds of things I look for in longer term holdings. CREE actually is one of the few stocks I do hold longer term. FYI
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